1.I think they are farming out Woppa as it is better to focus on lots of cheap wells than one expensive one. Less risk and a more stable share price.
2.Higher water to gas saturation means that there is water where you were hoping to find gas.
5.Nobody can say that it can't happen. smaller oil and gas companies are higher risk.
6. I don't think you would have been able to predict the share price doing what it did.
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